UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of report (date of earliest event reported): November 2, 2015
CACHET FINANCIAL SOLUTIONS, INC.
(Exact name of registrant as specified in its charter)
| Delaware | | 000-53925 | | 27-2205650 |
(State or other jurisdiction
of incorporation) | | (Commission
File Number) | | (IRS Employer
Identification No.) |
18671 Lake Drive East
Southwest Tech Center A
Minneapolis, MN 55317
(Address of principal executive offices) (Zip Code)
(952) 698-6980
(Registrant’s telephone number, including area code)
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| [ ] | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| | |
| [ ] | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| | |
| [ ] | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| | |
| [ ] | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 1.01.Entry into a Material Definitive Agreement.
Amendment #3 to Term Note
On November 2, 2015, the Company entered into an Amendment to Term Note with The Margaret De Jonge Trust (the “Lender”) whereby the Lender agreed to modify the repayment terms of the Term Note, effective December 14, 2012, to the following:
| | $30,000 due on November 15, 2015; |
| | $30,000 due on December 31, 2015; |
| | $30,000 due on January 15, 2016; |
| | The remaining balance of accrued, unpaid interest and principal due on January 31, 2016 |
All other terms of the Term Note remain unchanged.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits:
| | 10.1 | Amendment #3 to Term Note, effective November 2, 2015, by and between the Company and The Margaret De Jonge Trust (filed herewith). |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| | CACHET FINANCIAL SOLUTIONS, INC.: (Registrant) |
| | By: | /s/ Darin P. McAreavey |
| | | Darin P. McAreavey Executive Vice President and Chief Financial Officer |
